Commercial for Sale – 10709 Hawthorne Blvd, Lennox, CA 90304, USA -001-11-30T00:00:00-08:00
Highly lucrative car wash business situated on a 30,000 + SF lot in Lennox. This business currently generates over $1.1 million in gross profit and $475,000 in net income from its core operations and also receives monthly passive income from its tenants. Whi
10709 Hawthorne Blvd, Lennox, CA 90304, USA
$6,900,000 USD
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Address10709 Hawthorne Boulevard, Inglewood
Property SubtypeRetail
Price$6,900,000
Property TypeCommercial Sale
Year Built1963
Bedrooms Total0
Living Area5,890 ft2
Listing IDSB17213721
StatusActive
Parcel Number4036017026
Special ConditionsStandard
Days on Market94

Detailed Description: Highly lucrative car wash business situated on a 30,000 + SF lot in Lennox. This business currently generates over $1.1 million in gross profit and $475,000 in net income from its core operations and also receives monthly passive income from its tenants. While this property is currently being used as a car wash, it has the zoning potential to be used for just about anything. This includes shopping centers, hotels, office spaces; virtually all types of commercial real estate! The property is located on a very high-traffic street in Lennox, just minutes away from the new Hollywood Park development and future NFL Stadium! This is an ideal buy for developers, investors, or anyone looking to acquire assets in the rapidly appreciating Inglewood area!


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Address Information
Address10709 Hawthorne Boulevard, Inglewood
Street SuffixBoulevard
CityInglewood
Location (MLS Area)105 – Lennox
County Or ParishLos Angeles
Postal Code Plus41907
CountryUS
Financial Information
Price per Square Foot$1,171.48
Special ConditionsStandard
Gross Scheduled Income$1,223,334
Net Operating Income$535,067
Tax Year2017
Full Descriptions
Parcel Number4036017026
Detailed DescriptionHighly lucrative car wash business situated on a 30,000 + SF lot in Lennox. This business currently generates over $1.1 million in gross profit and $475,000 in net income from its core operations and also receives monthly passive income from its tenants. While this property is currently being used as a car wash, it has the zoning potential to be used for just about anything. This includes shopping centers, hotels, office spaces; virtually all types of commercial real estate! The property is located on a very high-traffic street in Lennox, just minutes away from the new Hollywood Park development and future NFL Stadium! This is an ideal buy for developers, investors, or anyone looking to acquire assets in the rapidly appreciating Inglewood area!
Water SourcePublic
Laundry FeaturesNone
Property parameters
Year Built1963
Living Area (Sq.Ft.)5,890 ft2
Lot Size SourceAssessor
Number of Buildings2
Number of Units Leased3
Number of Units Total3
Stories Total1
Water SourcePublic
Land Usage DescriptionIndustrial, Office, Retail
Property SubtypeRetail
Building StatusExisting
Units Total3
Cap Rate (For Cash Payment Only)7.75
Listed withBrett Lyon (Lyon Stahl Investment RE, Inc.)